Select Equity Group L.P. Trims Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Select Equity Group L.P. reduced its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 49.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,409 shares of the exchange traded fund’s stock after selling 8,201 shares during the period. Select Equity Group L.P.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,003,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in MDY. Harvest Volatility Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $26,000. Capital Analysts LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1,275.0% in the first quarter. Capital Analysts LLC now owns 55 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 51 shares in the last quarter. Piscataqua Savings Bank purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth $27,000. Baron Silver Stevens Financial Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $28,000. Finally, Oxler Private Wealth LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $37,000.

Shares of NYSEARCA MDY traded down $2.83 during midday trading on Thursday, reaching $485.01. The stock had a trading volume of 6,559 shares, compared to its average volume of 978,147. The business’s 50-day simple moving average is $491.30. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $321.77 and a 12-month high of $507.63.

About SPDR S&P MidCap 400 ETF Trust

SPDR S&P MidCap 400 ETF is an exchange traded fund. SPDR MidCap 400 Trust focuses to correspond to the price and yield performance of the S&P MidCap 400 Index. The S&P MidCap 400 covers over 7% of the United States equities market, and is part of a series of S&P the United States indices. The index also includes companies, which should have four consecutive quarters of positive as-reported earnings, excluding discontinued operations and extraordinary items.

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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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